Japan, the end of an era
The last time Japan’s policy rate was as high as 0.75% was in 1995. Thirty years later, the Bank of Japan has reached that same threshold again. Governor Kazuo Ueda raised the policy [...]
The Fed cuts interest rates
The US central bank, the Federal Reserve (Fed), is meeting next week. Almost everyone expects interest rates to be cut by 0.25 percentage points. Not because the economy clearly demands it, but [...]